Video: Vancouver is on the cusp of becoming a generational ghost town

Conversations that Matter features Paul Kershaw of Generation Squeeze. He discusses the ability of young adults to make their way in Metro Vancouver. Kershaw says the pressure on the housing market is complex and Vancouver is the most expense in Canada. The average number of work years required to buy a house nationally is 12 years, in Toronto it’s 15, in B.C. it’s 16 and in Vancouver it’s 23 years of saving to afford a 20 per cent downpayment on a home.

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